Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: heinz44	6/24/2007 3:30:54 PM
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A LOOK AT THE GOLD-TO-OIL RATIO Richard Russell provides our favorite comment on gold this week... "Gold is just plain cheap here!! Currently, an ounce of gold buys you just 10 barrels of oil... a puny amount compared with what it would have bought you a decade earlier. For example, in 1999, that same ounce of gold would have fetched you more than 25 barrels of oil.

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